DANEC: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DANEC
Largest movements
- Cash +€164,587
up €164,587 (+93.5%), from €175,994 to €340,582
mainly Net result for the year (+€135,648) and Trade debts (+€65,561)
- Receivables within one year +€49,791
up €49,791 (+63.4%), from €78,522 to €128,313
of which Trade receivables: +€49,817
- Profit (loss) carried forward +€135,648
up €135,648 (+135%), from €100,406 to €236,054
- Trade debts +€65,561
up €65,561 (+87.7%), from €74,799 to €140,360
- Tax, wage and social debts +€9,755
up €9,755 (+13.6%), from €71,939 to €81,694
of which Taxes: +€36,706
- Accrued charges and deferred income +€5,127
up €5,127 (+105%), from €4,873 to €10,000
- Gross operating margin +€48,493
up €48,493 (+37.9%), from €127,944 to €176,437
- Taxes +€13,000
up €13,000 (+48.1%), from €27,000 to €40,000
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €254,516 | €470,639 | +€216,122 | +84.9% |
| Fixed assets | 21/28 | - | €1,744 | +€1,744 | |
| Tangible fixed assets | 22/27 | - | €1,744 | +€1,744 | |
| Furniture and vehicles | 24 | - | €1,744 | +€1,744 | |
| Current assets | 29/58 | €254,516 | €468,894 | +€214,378 | +84.2% |
| Amounts receivable within one year | 40/41 | €78,522 | €128,313 | +€49,791 | +63.4% |
| Trade receivables | 40 | €78,496 | €128,313 | +€49,817 | +63.5% |
| Other amounts receivable | 41 | €26 | - | -€26 | |
| Cash at bank and in hand | 54/58 | €175,994 | €340,582 | +€164,587 | +93.5% |
| Total equity and liabilities | 10/49 | €254,516 | €470,639 | +€216,122 | +84.9% |
| Equity | 10/15 | €102,906 | €238,554 | +€135,648 | +132% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,406 | €236,054 | +€135,648 | +135% |
| Amounts payable | 17/49 | €151,611 | €232,085 | +€80,475 | +53.1% |
| Amounts payable within one year | 42/48 | €146,738 | €222,085 | +€75,347 | +51.3% |
| Trade debts | 44 | €74,799 | €140,360 | +€65,561 | +87.7% |
| Suppliers | 440/4 | €74,799 | €140,360 | +€65,561 | +87.7% |
| Taxes, remuneration and social security | 45 | €71,939 | €81,694 | +€9,755 | +13.6% |
| Taxes | 450/3 | €41,939 | €78,644 | +€36,706 | +87.5% |
| Remuneration and social security | 454/9 | €30,000 | €3,050 | -€26,950 | -89.8% |
| Other amounts payable | 47/48 | - | €31 | +€31 | |
| Accrued charges and deferred income | 492/3 | €4,873 | €10,000 | +€5,127 | +105% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €168 | +€168 | |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.9% |
| Gross operating margin | 9900 | €127,944 | €176,437 | +€48,493 | +37.9% |
| Operating profit (loss) | 9901 | €127,439 | €175,750 | +€48,311 | +37.9% |
| Financial income | 75/76B | €70 | - | -€70 | |
| Recurring financial income | 75 | €70 | - | -€70 | |
| Financial charges | 65/66B | €103 | €102 | -€1 | -0.8% |
| Recurring financial charges | 65 | €103 | €102 | -€1 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | €127,406 | €175,648 | +€48,242 | +37.9% |
| Income taxes | 67/77 | €27,000 | €40,000 | +€13,000 | +48.1% |
| Profit (loss) for the period | 9904 | €100,406 | €135,648 | +€35,242 | +35.1% |
| Profit (loss) for the period to be appropriated | 9905 | €100,406 | €135,648 | +€35,242 | +35.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.